Wal-Mart replaced Exxon Mobil in US largest 500 companies as Revenue maker

In the annual list of US largest 500 companies, Wal-Mart – a largest retailer claimed 1st rank by earning revenues of 469.2 billion$ at a growth rate of 6% and booked profits at 36% in 2012. Company Wal-Mart has succeeded to maintain the growth even in a sluggish environment in U.S economy. Exxon Mobil – Ranked 1 in 2011 slipped to Rank 2 in 2012 by earning revenues of 449.9 billion$ and 9.3% increase in net income from the previous year 2011.

Ranking of top 10 Companies in US Fortune 500 in 2012

Company Name

Revenues              ( in Billions $)

Wal-Mart

469.2

Exxon Mobil

449.9

Chevron

233.9

Phillips 66

169.6

Berkshire Hathaway

162.5

Apple

156.5

General Motors

152.3

General Electric

146.9

Valero Energy

138.3

Ford Motor

134.3

 

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